The loss ratio and combined ratio are used to measure the profitability of an insurance company. The loss ratio measures the total incurred losses in relation to the total collected insurance premiums ...
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Auto Insurance Loss Ratio Rises 2.6 Points to 86.7%
As of August this year, the loss ratio for auto insurance at major non-life insurers was analyzed to be around 87%. According to the non-life insurance industry on the 22nd, the loss ratio for auto ...
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